date:Oct 23, 2012
The Confederation of All India Traders (CAIT) drew the attention of prime minister Manmohan Singh towards the notification to allow 51 per cent foreign direct investment (FDI) in multi-brand retail which, in their opinion, will give unusual and extraordinary benefits to global retailers and prove to be draconian to Indian small industries.
CAIT also expressed its anger over the role of such industry bodies as the Federation of Indian Chambers of Commerce and Industry (FICCI), the Associated Cha